India has to keep FATF norms in mind when it comes to cryptos

With money laundering and terror financing becoming easy due to the lack of coordinated global rules with respect to cryptocurrencies, new global norms are being set on its permission and management. The Indian Parliament will be addressing the issue of regulation/banning of cryptocurrencies next week onwards. The norms India sets might have to be in line with the FATF norms.

from Economy-News-Economic Times https://ift.tt/32EO94y